Alabama Statutes
§ 40-7-99 — Warrants Exempt from Laws Relative to Usury, Interest, Etc
Alabama·Title 40 Revenue and Taxation·Ch. 7 Assessment of Taxes Generally·Art. 2 Statewide Property Reappraisal·Div. 2 County Bonds for Purpose of Paying Costs of Reappraisal
Any warrants issued by a county under the provisions of this division for the purpose of paying the cost of reappraisal of property as required by Division 1 of this article are hereby exempted from the laws of the State of Alabama governing usury or prescribing or limiting interest rates, including, without limitation, the provisions of Chapter 8 of Title 8.
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Alabama § 40-7-99 (Warrants Exempt from Laws Relative to Usury, Interest, Etc) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Acts 1975, No. 1129, p. 2223, §1.)
Nearby Sections
15
§ 40-1-1
Definitions§ 40-1-14
Payment of Court Costs§ 40-1-2
Lien for Taxes - Generally§ 40-1-23
Liability of Officers for Conversion